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Posts with tag president

Pioneer forecasts even wider net loss, names new president


As the flagging economy wreaks havoc on just about every mega-corp out there, the latest to publicly admit to being affected is Pioneer. After posting a rather significant loss earlier this year, the company is now guiding to a wider-than-forecast net loss of ¥78 billion ($789.9 million) for the year to March 31, blaming the surging yen and the slowing economy. The company is scheduled to nix its unprofitable plasma-panel operations by February and slash 2,000 jobs this fiscal year in order to counter the bleeding, and it looks as if former president Tamihiko Sudo is one of the first bigwigs to fall. As of November 16th, Susumu Kotani (pictured right) will take over that role, though we can't imagine he's looking forward to grabbing the captain's chair in such a turbulent environment.

[Via PC World, image courtesy of DayLife]

Would you elect the president via text message? 61 percent say 'Y'


According to a recent, sensational survey from Samsung Mobile, 61 percent of lazy, distracted, and impossibly ignorant cellphone users over the age 18 say they would be comfortable casting their vote for President of the United States via a text message. Meanwhile, the totally serious and meaningful survey found that eight in ten (or 80 percent) of teens under the legal voting age would use their mobile devices to cast a ballot in the election. Additionally, Samsung Mobile discovered that 90 percent of cellphone users would like an ice cream cone, while another 87 percent would like an ice cream cone only after eating a quarter-pounder with cheese. Soon Samsung Mobile hopes to determine what percentage, if any, of the people surveyed know who is running for the office of president.

Helio's Sky Dayton steps down as CEO


Sky Dayton, founder and chairman of the phantasmagorical Helio, has announced that he's stepping down as CEO to become chairman of the board of the last-man-standing MVNO. Helio's new CEO will be Wonhee Sull, formerly the company's president and COO, and obviously a direct conduit to co-owner SK Telecom. "Helio has reached a point in its development where I feel the timing is right for this change... As we have for the past three years, the two of us will continue to define Helio's direction and future," said Dayton. Whether Sky's really ready to move on or not we'll never know, but it's certainly possible that the recent influx of cash (and increased ownership) from its Korean parents and dwindling marketshare of US MVNOs led SK to step in and get things on track.

Update: Lots of fun inaccuracies going on up in here, our bad. We ironed out the kinks, see above for the latest, correct edits to Helio's executive musical chairs.

Sony Ericsson's president steps down, apparently on good terms

Leaving analysts just a little baffled, Sony Ericsson president Miles Flint has stepped down after three years of fairly successful leadership. The consensus among members of the financial community seems to be that there's absolutely no way Flint was forced out; under his command, Sony Ericsson has seen consistent profitability and a steady increase in its market share (North America excepted, we might passive-aggressively note). The ex-prez says that he's looking to expand his horizons after 17 years under the Sony and Sony Ericsson brands, while Sony Electronics USA chairman Hideki Komiyama has been tapped to fill the huge shoes left behind. Analysts seem pretty convinced that he'll have a tough time doing any better than his predecessor, noting that low-end handsets seem like the next logical step to market share dominance despite the segment's virtually nonexistent margins. Might we recommend more North American love, Komiyama-san?

[Via mocoNews]

Next President's trick new Marine One copter is better than yours


There's a new presidential helicopter in town, and while George W. will have to run for a third term to get a shot at it, the next president of the United States is a lock for showing up on the White House lawn in this new ride. The Marine One VH-71 is a good many years in production, and will finally show up in 2009. There's seating room for 14 passengers, along with a kitchen, bathroom, high-speed communications suite, sound and vibration reduction and missile protection. The new choppers -- Lockheed Martin is building 23 of them by 2018 -- have a 350 mile range, compared to the current 100 miles of the VH-3Ds, and are being billed an "Oval Office in the sky." There was really never a better time to throw your hat in the ring for "leader of the free world."

US Prez upholds Qualcomm chip ban, Verizon snickers

Qualcomm -- a company that's arguably more used to suing than being sued -- isn't finding much luck in its protracted quest to avoid a Broadcom-led ban of its 3G hardware from coming into the States. Following a recent denial of its motion to stay the ban in the court system, the President of The United States himself (or his administration, anyway) has swooped in to render an executive judgment, and it ain't looking any better for Qualcomm. Saying that the importance of protecting IP rights outweighs the inconvenience of the ban, the Bush folks have stood by the ITC's decision to impose the ban in the first place, making it seem all that much smarter now for Verizon to have sidestepped the whole ordeal and paid Broadcom itself. Barring any last minute antics, the ban gets enforced starting tomorrow.

Kane Kramer: "world's biggest failure" for losing DAP patents

We thought the matter had been resolved earlier today when our President credited the government with developing the technology that led to the iPod-filled world we live in today, but now another claimant has come forward in an attempt to recoup his "rightful share" of a billion dollar DAP market he may have helped create. British inventor and furniture shop manager Kane Kramer is currently consulting lawyers to see what, if any, recourse he has to enforce patents he filed in 1981 for an iPod-like device but which he subsequently lost control of due to reported boardroom coup. The patents, which describe a  three-and-a-half-minute-capacity digital audio player with a screen and central navigation controls, eventually became part of the public domain after Kramer's company dissolved and he was unable to raise the money required for renewing them across 120 countries. Kramer, who is most definitely aware of the riches he lost out on, says that the runaway success of iPods specifically and DAPs in general surely makes him "the world's biggest failure."



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